Nnrf Inc Stock Chance of Future Pink Sheet Price Finishing Under 0.001806
NNRI Stock | USD 0 0 35.71% |
NNRF |
NNRF Target Price Odds to finish below 0.001806
The tendency of NNRF Pink Sheet price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current Price | Horizon | Target Price | Odds to stay under $ 0 after 90 days |
0 | 90 days | 0 | about 7.95 |
Based on a normal probability distribution, the odds of NNRF to stay under $ 0 after 90 days from now is about 7.95 (This NNRF Inc probability density function shows the probability of NNRF Pink Sheet to fall within a particular range of prices over 90 days) . Probability of NNRF Inc price to stay between its current price of $ 0 and $ 0 at the end of the 90-day period is near 1 .
Given the investment horizon of 90 days NNRF Inc has a beta of -0.88. This indicates Additionally NNRF Inc has an alpha of 0.5338, implying that it can generate a 0.53 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). NNRF Price Density |
Price |
Predictive Modules for NNRF
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NNRF Inc. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.NNRF Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. NNRF is not an exception. The market had few large corrections towards the NNRF's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold NNRF Inc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NNRF within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.53 | |
β | Beta against Dow Jones | -0.88 | |
σ | Overall volatility | 0.0004 | |
Ir | Information ratio | 0.02 |
NNRF Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of NNRF for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for NNRF Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.NNRF Inc is way too risky over 90 days horizon | |
NNRF Inc has some characteristics of a very speculative penny stock | |
NNRF Inc appears to be risky and price may revert if volatility continues | |
NNRF Inc has high likelihood to experience some financial distress in the next 2 years | |
The company has a current ratio of 0.84, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist NNRF until it has trouble settling it off, either with new capital or with free cash flow. So, NNRF's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like NNRF Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NNRF to invest in growth at high rates of return. When we think about NNRF's use of debt, we should always consider it together with cash and equity. | |
Net Loss for the year was (16.15 M) with profit before overhead, payroll, taxes, and interest of 0. | |
NNRF Inc currently holds about 73.25 K in cash with (2.22 M) of positive cash flow from operations. |
NNRF Technical Analysis
NNRF's future price can be derived by breaking down and analyzing its technical indicators over time. NNRF Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of NNRF Inc. In general, you should focus on analyzing NNRF Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
NNRF Predictive Forecast Models
NNRF's time-series forecasting models is one of many NNRF's pink sheet analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary NNRF's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the pink sheet market movement and maximize returns from investment trading.
Things to note about NNRF Inc
Checking the ongoing alerts about NNRF for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for NNRF Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
NNRF Inc is way too risky over 90 days horizon | |
NNRF Inc has some characteristics of a very speculative penny stock | |
NNRF Inc appears to be risky and price may revert if volatility continues | |
NNRF Inc has high likelihood to experience some financial distress in the next 2 years | |
The company has a current ratio of 0.84, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist NNRF until it has trouble settling it off, either with new capital or with free cash flow. So, NNRF's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like NNRF Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NNRF to invest in growth at high rates of return. When we think about NNRF's use of debt, we should always consider it together with cash and equity. | |
Net Loss for the year was (16.15 M) with profit before overhead, payroll, taxes, and interest of 0. | |
NNRF Inc currently holds about 73.25 K in cash with (2.22 M) of positive cash flow from operations. |
Other Information on Investing in NNRF Pink Sheet
NNRF financial ratios help investors to determine whether NNRF Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in NNRF with respect to the benefits of owning NNRF security.